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The enactment of the EU merger control regime signifies a maturation of EU competition law, enabling the European Commission to review specific corporate transactions. This video discusses the rationale behind the regime, the types of mergers needing notification, and how authorities evaluate their competitive effects. The regime encompasses a wide array of corporate transactions, termed concentrations, defined as operations resulting in a lasting change in control over an entity. Such changes can affect the ability to influence key business decisions and alter market structures, potentially reducing competition by significantly boosting the merged entity's market power, thus enabling higher prices.